# Fraud investigations in New South Wales

> Live situation record from CLSTR: https://clstr.news/situations/fraud-investigations-in-new-south-wales
> Updated: 2026-09-08T21:57:33.000Z. Sources: 5. Developments: 2.

New South Wales police have conducted several operations targeting various forms of fraud and property crime.

Initial investigations led to the arrest of a man accused of embezzling over $250,000 from a Queensland-based automotive parts business. This followed other local incidents involving larceny, deception, and arson.

Law enforcement efforts subsequently expanded into a major investigation, known as Strike Force Myddleton, targeting a multi-million dollar loan scam. During a raid on a Bankstown accounting firm, authorities alleged that a criminal syndicate used stolen personal information to secure loans for non-existent luxury ‘ghost cars’. The investigation, involving multiple regulatory agencies, has resulted in charges against 33 people, including a firm director accused of facilitating approximately $16.2 million in fraudulent loans.

## Timeline

### 2026-09-08: Sydney accounting firm raided in major fraud investigation

Police raided a Bankstown accounting firm as part of a massive fraud probe involving an alleged $16.2 million loan scam using stolen identities and non-existent luxury vehicles.

2 sources. https://clstr.news/cluster/sydney-accounting-firm-raided-in-major-fraud-investigation

### 2026-09-06: NSW police arrest man in $250,000 business fraud investigation

NSW police arrested a man for allegedly embezzling $250,000 from a Queensland business and apprehended others in connection with vehicle theft and arson in Dubbo and Lithgow.

3 sources. https://clstr.news/cluster/nsw-police-arrest-man-in-250000-business-fraud-investigation

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Cite as: Fraud investigations in New South Wales. CLSTR, https://clstr.news/situations/fraud-investigations-in-new-south-wales